Arbeitspapier

Careers and Wage Growth within Large Firms

The relationship between the worker?s career path and wage growth is studied using a longitudinal sample of large firms. The econometric analysis shows that promoted workers receive a positive wage premium even if they stay in the same job level. Demotions are associated with negative wage premiums. The wage-career dynamics generates a U-shape to the wage premiums for promotions over the hierarchical ladder. In the context of the model discussed, this shape suggests a stronger learning and/or human capital accumulation effect at the bottom of the hierarchy and a stronger job assignment effect at the top.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 336

Klassifikation
Wirtschaft
Compensation Packages; Payment Methods
Personnel Management; Executives; Executive Compensation
Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
Thema
Careers
promotions
wage growth
Erwerbsverlauf
Lohn
Humankapital
Schätzung
Portugal

Ereignis
Geistige Schöpfung
(wer)
Lima, Francisco
Pereira, Pedro Telhado
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2001

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Lima, Francisco
  • Pereira, Pedro Telhado
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2001

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